The National Research Center on Hispanic Children and Families found that an analysis of the American Community Survey in 2019 showed one in seven Latino children (14.6%) living with a grandparent, which amounted to 2.7 million children overall. The survey also showed a vast majority living with a grandparent also lived with their parents. The 2022 State of Hispanic Homeownership Report found that almost one-third, or 31.7 percent, of Latino households are multigenerational.
In such multi-generational households, where three or more generations live under the same roof, it’s not uncommon to find a sibling keeping a watchful eye on an elderly grandparent, monitoring their online behavior and responding to address their technical needs and problems as they arise.
Aware of this
familial structure, it only makes sense then to also tailor educatio
nal presentations
on financial scam and fraud prevention to a younger audience. And perhaps, the
best starting point might be one that caters to the employees of your own organization.
Hosting a presentation on scam and fraud prevention to an audience of your employees can offer many dividends – not only by discussing ways the employees themselves can recognize scams and fraud and remain safe (we already know they are prime targets), but also by enriching them with specific information and the resources they need to be better prepared to ensure the safety and protection of their elderly loved one from a con artist wishing to drain the family of its hard-earned savings. In the case of the latter, they may not be aware of all the types of scams targeting older adults, in addition to the many resources in the community available as a complementary service to older adults.
The more informed and knowledgeable young caregivers are about scams and the resources available to them and their aging grandparent, the more successful they will be, not only in protecting themselves but also in protecting their loved one.
